This section helps in understanding price patters, Need for price patters, different price patterns. Double Top/Double Bottom, Head & Shoulder, Cup Pattern, Flag Pattern, Triangle Pattern.
praveenkanth, , Price Patterns, CUP, double top double bottom, flag, Head & shoulder, Price patters, triangle
Hi sir,
Answering to your question 1 :: Possible scenario of inverted Head & Shoulder pattern?
When the company is not so good for the outsiders and when there is something positive things happening in the company i.e. funding, new projects etc…which reduces the burden of the company then Inverted Head & Shoulder pattern will be formed.